Question
In: Finance
Five years ago, Brian had invested $16,850 in a growth fund. The investment is worth $24,000...
Five years ago, Brian had invested $16,850 in a growth fund. The investment is worth $24,000 today. If the interest was compounded annually, what is the annual rate of return earned on the investment?
Solutions
jeff jeffy answered 3 months agoRelated Solutions
64. Five years ago, Brian had invested $14,850 in a growth fund. The investment is worth...
64. Five years ago, Brian had invested $14,850 in a growth fund.
The investment is worth $22,000 today. If the interest was
compounded annually, what is the annual rate of return earned on
the investment?
7.25%
8.18%
9.52%
10.75%
11.66%
66. Bill is considering investing $450 at the end of every month
in a fixed income instrument. He will be receiving $27,000 at the
end of 4 years. If the interest is compounded monthly, what...
Juan invested $24,000 in a mutual fund 5 yr ago. Today hisinvestment is worth $31,966....
Juan invested $24,000 in a mutual fund 5 yr ago. Today his
investment is worth $31,966. Find the effective annual rate of
return on his investment over the 5-yr period. (Round your answer
to two decimal places.)
10. You invested $1,000 five years ago and that investment is now worth $1,250. Which of...
10. You invested $1,000 five years ago and that investment is
now worth $1,250. Which of the following statements is most correct
about the interest earned by your investment: A) Simple interest is
4.56% per annum. B) Compound interest is 5.00% per annum. C)
Compound interest is 4.56% per annum. D) We don’t have enough
information to compute the simple or compound interest. E) None of
the above.
Suppose your uncle invested $121,000 in an investment 4 years ago. The investment is worth now...
Suppose your uncle invested $121,000 in an investment 4 years
ago. The investment is worth now $237,500. The annual interest rate
(rate of return) on the investment during this period must be
______% per year.
(Do not include the percent signs (%). Round
your answers to 2 decimal places. (e.g., 32.16))
Fifteen years ago, you deposited $12,500 into an investment fund. Five years ago, you added an...
Fifteen years ago, you deposited $12,500 into an investment
fund. Five years ago, you added an additional $20,000 to that
account. You earned 8%, compounded semi-annually, for the first ten
years, and 6.5%, compounded annually, for the last five years.
Required: a. What is the effective annual interest rate (EAR) you
would get for your investment in the first 10 years? b. How much
money do you have in your account today? c. If you wish to have $85
000...
Twelve years ago, you deposited $25,500 into an investment fund. Five years ago, you added an...
Twelve years ago, you deposited $25,500 into an investment
fund.
Five years ago, you added an additional $15,000 to that account.
You earned 9%,
compounded semi-annually, for the first 12 years, and 7.5%,
compounded
annually, for the last five years. Required:
a. What is the effective annual interest rate (EAR) you would get
for your
investment in the first 12 years?
b. How much money do you have in your account today?
c. If you wish to have $75 000...
Fifteen years ago, you deposited $12,500 into an investment fund. Five years ago, you added an...
Fifteen years ago, you deposited $12,500 into an investment
fund. Five years ago, you added an additional $20,000 to that
account. You earned 8%, compounded semi-annually, for the first ten
years, and 6.5%, compounded annually, for the last five years.
Required:
a. What is the effective annual interest rate (EAR) you will
get for your investment in the first 10 years?
b. How much money do you have in your account today?
c. If you wish to have $85 000...
An investment was worth $38 two years ago, $52 one year ago, and is worth $46...
An investment was worth $38 two years ago, $52 one year ago, and
is worth $46 today. The holding period return for the most recent
year only (from 1 year ago to today) is
_______%. If your answer is negative, be sure to
include a negative sign preceding your answer (ex. -.045678 or
-4.5678% should be entered as: -4.57).
A(n) 3.3% bond with 6 years left to maturity has a YTM of 5.5%.
The bond's price should be $__________. You should...
Five years ago Gerald invested $116,000 in a passive activity, his sole investment venture. On January...
Five years ago Gerald invested $116,000 in a passive activity,
his sole investment venture. On January 1, 2019, his amount at risk
in the activity was $23,200. His shares of the income and losses
were as follows:
Year
Income (Loss)
2019
($34,800)
2020
(23,200)
2021
43,200
Gerald holds no suspended at-risk or passive activity losses at
the beginning of 2019.
If an answer is zero, enter "0".
c. Assuming Gerald has $50,000 income in 2021,
(and considering both at-risk and...
10 years ago you invested $1,000. If your investment is worth $6,000 now, what was your rate of return?
10 years ago you invested $1,000. If your investment is worth $6,000 now, what was your rate of return?Multiple Choicea. 17.46% +/- 1.00%b. 10.74% +/- 1.00%c. 13.12% +/- 1.00%d. 19.62% +/- 1.00%
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